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Webull Shares Slide 12% on Q1 Loss Despite Revenue Surge
Webull shares tumbled 12.5% for the week after a Q1 net loss of $21.7 million overshadowed 36% revenue growth. Markets reopen Tuesday after Memorial Day.
Amazon Stock Faces Russell Index Shake-Up Ahead of Holiday-Shortened Week
Amazon shares slipped 0.8% Friday to $266.32, while investors eye potential index changes from FTSE Russell's reconstitution that could shift the stock from growth to value indices.
Palantir Edges Higher for the Week Amid AI Demand Surge and Political Hurdles
Palantir shares ended Friday up 2.16% for the week at $136.88, after the company raised its 2026 revenue forecast on 85% first-quarter growth. A London police contract was blocked, while a Dell-Nvidia AI deal was announced.
NuScale Power Faces Neutral Rating from BofA Amid Cash Burn Concerns
Bank of America resumed coverage of NuScale Power at Neutral with a $12 price target, citing slow customer deal progress and high cash burn. Shares closed at $11.40 Friday.
Walmart Stock Slips Despite Strong Quarter as Fuel Costs Weigh
Walmart shares closed Friday at $120.27, down 0.9%, as strong Q1 revenue growth failed to offset investor concerns over fuel costs and a cautious profit outlook.
Qualcomm Surges on Stellantis Auto Tech Pact; Market Awaits Post-Holiday Trading
Qualcomm shares surged 11.6% Friday to $238.16 after Stellantis expanded its Snapdragon Digital Chassis deal. Automotive revenue rose 38% to $1.33 billion. Markets closed Monday for Memorial Day.
Grab Shares Slip Ahead of Holiday as Superbank Consolidation Takes Center Stage
Grab shares dipped 1.4% to $3.51 on Friday, ending the week 1.1% lower. The company is pivoting to banking growth with plans to consolidate Superbank.
AST SpaceMobile Stock Surges 26.5% as SpaceX IPO Buzz Lifts Space Sector
AST SpaceMobile shares surged 26.5% this week, closing at $105.86, as space stocks rallied on SpaceX IPO speculation. The company plans a mid-June launch for three BlueBird satellites.
HPE Shares Surge 10.6% as Elliott Stake and AI Networking Drive Gains
Hewlett Packard Enterprise (HPE) shares jumped 10.6% on Friday, closing at $37.58, as activist investor Elliott boosted its stake and the company's networking business surged 151.5%.
Transocean Shares Retreat From High as Market Awaits Next Moves
Transocean shares slipped 0.15% to $6.81 on Friday, retreating from a 52-week high of $7.66 as oil price volatility and Valaris merger scrutiny weigh on the driller.
SoundHound AI Dips Ahead of Memorial Day Lull
SoundHound AI (SOUN) shares fell to $8.17 Friday, their lowest since May 18, losing 2.9% for the week ahead of the Memorial Day holiday.
Rocket Lab Soars 8.2% on $90M Space Force Deal, Share Sale Plan in Focus
Rocket Lab shares jumped 8.2% to $135.76 after securing a $90 million Space Force contract and completing its ninth Electron launch, though a $3 billion share sale plan raises dilution concerns.